11
Tue, Aug
0 New Articles
 

Waiver clause. This clause appears as part of the “Duty of Assured” in the Institute Time Clauses (Hulls) 1983. The waiver section states:

Wharf charter. A "berth" is the vessel's place at a wharf (or at anchor) and a "wharf" is a wooden, steel, concrete or stone platform beside which the vessel can lie in a berth for loading or discharging or taking stores and/or fuel.

Waiver. A person may "waive" a benefit when he renounces or disclaims it. A waiver can be express or implied.

Warranties. Under the Marine Insurance Act 1906, section 33(1) states that a warranty means a promissory warranty, i.e., a warranty by which the assured undertakes that some particular thing shall or shall not be done or that some condition shall be fulfilled or whereby he affirms or negatives the existence of a particular state of facts.

Page 2 of 2

SPONSORED: Amber For Sale - Loose Amber, Amber Gemstones on Sale -  https://ambersale.com 

Do you like Natural Baltic Amber?